NOT LISTED FOR SALE

28 Summerset Rd Cumberland, VA 23040

Estimated Value: $289,379 - $413,000

4 Beds
2 Baths
2,080 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $163,500 $79 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,006/month

Highlights

  • 6.13 Acre Lot
  • Window Unit Cooling System
  • Baseboard Heating
  • Ranch Style House

About This Home

As of December 2020

The land will draw you in with 6+ acres offering a gentle roll and ample road frontage on two state maintained roads(Sports Lake Rd and Summerset Rd). Several huge mature shade trees surround the home offering an inviting setting. The home is set up as a duplex, it has two bedrooms on the main floor with a spacious eat-in kitchen that includes; refrigerator, range, washer and dryer, living room and full bath. Basement has two bedrooms, living room, eat-in kitchen with refrigerator, range, washer and dryer, and full bathroom You can live in one level and rent out the other. Storage shed is 20x20. Water heater on main level replaced 2019, water pump replaced 2019.

Last Agent to Sell the Property

Theresa Denaro

Coldwell Banker, Lafoon Realty Brokerage Phone: 4343926191 License #0225048498 Listed on: 12/23/2020

Coldwell Banker, Lafoon Realty

Last Buyer's Agent

Jonathan Reyes Peachey

Century 21 Realty @ Home License #0225239271

Century 21 Realty @ Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1993

Lot Details

  • 6.13 Acre Lot

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Block Foundation
  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 2,080 Sq Ft Home
  • Insulated Windows
  • Finished Basement
  • Walk-Out Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Attribution Contact: 4343926191
  • Directions: From Cumberland C.H. take Rt.60 E., take left on Trents Mill Rd., right onto Sports lake Rd., right onto Summerset Rd., first driveway on right. See sign!
  • Prop. Type: Residential
  • Year Built: 1993
  • Property Sub Type: Residential
  • Lot Size Acres: 6.13
  • Subdivision Name: No
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Stick Built
  • Special Features: None

Interior Features

  • Appliances: Washer, Range/Oven, Dryer, Refrigerator, Electric Water Heater
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2080
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 166.4931
  • Room Bedroom4 Level: Basement
  • Room Bedroom3 Area: 135.2083
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 94.0417
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 10.5833
  • Room Master Bedroom Area: 164.9236

Exterior Features

  • Roof: Metal
  • Lot Features: Acreage Range (5 to 9)
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Cedar
  • Foundation Details: Block, Permanent

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, No Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Baseboard
  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 267022.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Dec 21, 2020
Sold by
Ownby Dennis L and Ownby Jason K
Bought by
Tubman Patrick and Briere Joseph
Seller's Agent
Theresa Denaro
Coldwell Banker, Lafoon Realty
Buyer's Agent
Jonathan Reyes Peachey
Century 21 Realty @ Home
Sold Price
$163,500
Current Estimated Value
$343,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,137
Avg. Annual Appreciation
16.46%
Original Mortgage
$165,151
Outstanding Balance
$148,628
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$181,966
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tubman Patrick $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tubman Patrick $165,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $163,500 -- $79 / Sq Ft
Source: South Central Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,295 $215,780 $54,790 $160,990
2024 $1,295 $215,780 $54,790 $160,990
2023 $1,241 $165,480 $39,030 $126,450
2022 $1,241 $165,480 $39,030 $126,450
2021 $1,241 $165,480 $39,030 $126,450
2020 $1,274 $165,480 $39,030 $126,450
2019 $1,154 $147,970 $35,250 $112,720
2018 $1,154 $147,970 $35,250 $112,720
2017 $1,154 $147,970 $35,250 $112,720
2016 $1,154 $147,970 $35,250 $112,720
2015 -- $147,970 $35,250 $112,720
2014 -- $147,970 $35,250 $112,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Association of REALTORS®

MLS Number: 46096

South Central Association of REALTORS®

APN: 026-A-46-A